Recently, Canadian actor William Shatner, who is he is famous for playing the role of James T. Kirk in the Star Trek franchise, congratulated Russian-Canadian programmer Vitalik Buterin, who is the creator of Ethereum, for the successful Merge upgrade. Around 7:00 a.m. UTC on September 15, Ethereum’s Merge upgrade was completed, which...
The crypto market has been crashing hard in the last 24 hours. However, Ethereum prices are dropping much harder compared to Bitcoin. Ethereum has fallen close to 8% in the last 24 hours and is trading at $1.34K. More importantly, the slide does not seem to stop yet. ETH continues dropping close to 1% in the last hour. According to Kevin Svenson, a major crypto influencer and analyst, Ethereum has failed to hold critical support. If...
According to a recent tweet by Token Terminal, on the 16th of September. Polygon was ranked second in terms of blockchains and DApps with the most daily active users. Alongside multiple collaborations with companies like Coinbase cloud and the introduction of the vix protocol, does the future look bright for Polygon?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject ‘Ethereum killer’ or not, Cardano [ADA] has always had a lot of fans. Needless to say, this perception has fueled a lot of projections across the board, both favorable and otherwise. What about ADA then? Well, the jury is still split on it, with analysts’ projections pretty diverse. In fact, one can argue we’ll have...
Published 6 seconds ago The recent widespread correction in the crypto market reverted the Ethereum price from $1800 resistance. This sell-off entirely evaporated the early September recovery and plunged the prices back to the monthly support zone of $1420. However, the price action shows reversal signs at this support, indicating a possible relief rally.
On September 15, the day that Ethereum completed its Merge upgrade, marking its transition from proof-of-work (PoW) to proof-of-stake (PoS) consensus, Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”), explained why “Ethereum is a far superior blockchain now than it was before.” Around 7:00 a.m. UTC on...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. A brainchild of Ethereum Co-founder Gavin Wood, Polkadot is one of the leading blockchains in the world right now. With a Proof-of-Stake consensus mechanism, it is unique in supporting multiple interconnected chains. In fact, one can argue that its interconnected nature has helped the project earn a significant number of users over the...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Chainlink [LINK] was on a bad downtrend until two weeks ago. However, the bullishness of the wider crypto-market had a significant impact on LINK’s price charts. In fact, the downtrend had reversed itself at press time. So, what does this movement mean and, is now a good time to get into LINK? This article will...
With Ethereum successfully transitioning to the proof of stake consensus, the miners had to look for alternate options. The Ethereum developers had for a long time suggested miners migrate to other proof of work projects like Ethereum Classic. Prior to the Merge, there was reasonable social activity around proof of work based blockchain networks. On the other side, a White House report on energy usage indicated that the U.S. government would have to curtail mining dependent on excessive energy...
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